Mining Americas Inc. (TSX:MAI)

Canada · Delayed Price · Currency is CAD

4.390

+0.010 (0.23%)

At close: Jul 24, 2026

Mining Americas Financials Overview

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	54.49	51.2	8.92	13.42	21.73	0.9
Revenue Growth	-	474.23%	-33.56%	-38.23%	2319.64%	-
Gross Profit	49.7	21.87	1.88	0.8	8.65	0.32
Operating Income	53.62	26.57	0.81	-10.88	1.23	-4.93
Net Income	13.1	-42.63	-17.57	-2.86	5.61	-1.75
Earnings Per Share	-0.03	-0.61	-0.37	-0.06	0.12	-0.04
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Mexico	5.92
United States	31.42
Total	37.34

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	63.3	60.26	11.76	13.75	13.15	9.38
Total Debt	35.73	34.78	6.39	6.27	0.37	0.44
Net Cash (Debt)	27.57	25.47	5.38	7.48	12.78	8.94
Net Cash Growth	2980.72%	373.90%	-28.17%	-41.45%	43.00%	-61.71%
Net Cash Per Share	0.34	0.37	0.11	0.16	0.28	0.20

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	38.54	31.02	-9.66	-4.57	2.61	-10.97
Capital Expenditures	-13.76	-6.56	-0.35	-0.37	-4.37	-7.24
Free Cash Flow	24.78	24.46	-10	-4.94	-1.76	-18.22
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	91.21%	42.71%	21.03%	6.00%	39.82%	36.06%
Operating Margin	98.41%	51.89%	9.08%	-81.08%	5.66%	-549.10%
Pretax Margin	36.39%	26.34%	97.60%	-21.28%	25.82%	-195.26%
Profit Margin	36.39%	23.64%	97.60%	-21.28%	25.82%	-195.26%
FCF Margin	45.49%	47.77%	-112.19%	-36.78%	-8.09%	-2028.66%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	78.49	-	-	-	36.67	-
Forward PE	8.46	2.99	18.52	15.83	7.30	17.83
P/FCF Ratio	19.55	23.41	-	-	-	-
PS Ratio	4.71	11.18	13.99	11.04	9.35	268.34